China says TikTok deal subject to government review

Specific business arrangements including technology exports must be reviewed by the Chinese government, China's commerce ministry said on Wednesday, in reference to U.S. President Donald Trump's 75-day extension of the TikTok sale deadline.

China opposes practices that ignore the laws of the market economy, plunder by force, and damage the legitimate rights and interests of enterprises, a ministry spokesperson said. The country respects equal, voluntary and fair business acts among firms, the spokesperson said..